Container Corporation of India (CONCOR) held its 37th Annual General Meeting, reporting a gross turnover of ₹9,329 crores, a 3.53% increase year-over-year. The company handled 5.09 million TEUs, up 7.94%. Net profit reached ₹1272 crores, a 3.35% rise. Three interim dividends totaling 190% were paid, with a 40% final dividend proposed, maintaining its commitment to shareholder returns and strong operational efficiency.
Financial Performance
Container Corporation of India (CONCOR) reported a robust financial performance at its 37th AGM. Key highlights include:
- Gross turnover of ₹9,329 crores, a 3.53% increase over the previous year.
- Net profit of ₹1272 crores, representing a 3.35% increase.
Operational Highlights
CONCOR achieved significant milestones in its operations:
- Handled 5.09 million TEUs, a 7.94% growth from the previous year.
- EXIM throughput increased by 6.78%.
- Domestic throughput grew by 11.90%.
Dividend Announcement
The company remains committed to rewarding its shareholders:
- Three interim dividends totaling 190% (₹9.50 per share) were paid during the year.
- A final dividend of 40% (₹2.0 per share) has been proposed.
- The total dividend payout for the year amounts to ₹700.69 crores.
Strategic Initiatives
CONCOR is undertaking several strategic initiatives to enhance its market position:
- Expanding multimodal infrastructure with Multimodal Logistics Parks (MMLPs) along Dedicated Freight Corridors (DFCs).
- Diversifying services beyond container rail logistics.
- Promoting double-stack long-haul trains and Rail Transshipment Hubs (RTHs).
- Expanding temperature-controlled logistics using ICE battery-based transportation.
- Handling liquid, gas, and bulk cargo using specialized facilities and tank containers.
- Overseas operations with own containers to Middle East and East Asian destinations.
Sustainable Logistics and Digitization
CONCOR is focused on sustainable practices and digitization:
- Modal shift from road to rail to reduce carbon emissions.
- Use of LNG vehicles and solar-powered terminals.
- Scaling up digitization with Al-driven cargo management and real-time tracking.
Capital Expenditure
The company invested significantly in infrastructure and technology:
- Capital expenditure of ₹810.26 crores during the year.
- ₹76.73 crores invested in research and development, including indigenous container manufacturing.
Net Worth and Market Capitalization
- Net worth stood at ₹12,349.48 crores as of March 31, 2025.
- Market capitalization reached a high of ₹71,546 crores on June 3, 2024.
New Alliances
To further strengthen and grow, several alliances are newly added:
- TERI : To set up Centre of Excellence for Green and Sustainable Logistics.
- Gall Shakll VIshwavldyalaya: To maximize supply chain management and customer service.
- IIT Roorkee: For R&D in logistics and supply chain management.
- Shipping Corporation of India Limited: To offer seamless and cost-effective end-to-end shipping.
Source: BSE
